I have recently gone in the opposite direction, buying a used Myford 254 specific 7″ Pratt Burnerd 4-jaw chuck, taken from a non-camlock machine, and modifying it to use on my camlock 254. The [intergral] back plate already had provision for the cam stud ‘locking’ set screws so I simply extracted the threaded mounting studs, substituted them with the correct cam lock studs and added some securing set screws. It then fitted my camlock spindle perfectly.
I therefore can see no reason why a D1-3 backplate could not just have the set screws and cam studs extracted and threaded fittings inserted into the stud tappings, as already advised. There is, however, one further wrinkle: PB and the like use imperial threaded camlock studs whereas Chinese D1-3 fittings from Warco, RDG etc use metric threads for the studs. I suspect that the latter would make life easier in the longer term.
Best of luck with the 254; I have never regretted buying mine.